Quaker Chemical Corporation (NYSE:KWR) changed 20.30% to recent value of $158.75. The stock transacted 261213 shares during most recent day however it has an average volume of 139.95K shares. It spotted trading -29.22% off 52-week high price. On the other end, the stock has been noted 33.61% away from the low price over the last 52-weeks.
On March 17, 2020, Quaker Chemical Corporation (NYSE:KWR) filed a Form 8-K to disclose that it will not be filing its Form 10-K for the fiscal year ended December 31, 2019 on March 17, 2020, as it had expected. The Company previously disclosed on March 2, 2020, in conjunction with its earnings declare, that it had filed a Form 12b-25 with the SEC to enable it to extend its filing deadline to March 17, 2020. The Company now estimates that it will file the Form 10-K within the week. The additional time is required to complete the year-end audit and controls work which has been significantly impacted by the combination with Houghton International in the second half of the year, the added complications of working restrictions related to the COVID-19 outbreak, and the identification of certain control deficiencies which are discussed in detail in the Company’s Form 8-K. The Company has amended its bank credit agreement to allow for the delayed delivery of its audited financial statements which is also discussed in detail in the Company’s Form 8-K. The Company expects no material changes in its consolidated financial statements included in its earnings release on March 2, 2020, and believes they fairly represent the financial position of the Company on December 31, 2019 and 2018.
KWR has a gross margin of 34.70% and an operating margin of 8.40% while its profit margin remained 5.30% for the last 12 months. Its earnings per share (EPS) expected to touch remained 171.20% for this year while earning per share for the next 5-years is expected to reach at 12.75%.
The company has 19.81M of outstanding shares and 13.12M shares were floated in the market. According to the most recent quarter its current ratio was 2.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of -2.03% from the mean of 20 days, -5.27% from mean of 50 days SMA and performed -5.36% from mean of 200 days price. Company’s performance for the week was 4.32%, -13.72% for month and YTD performance remained -3.51%.